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Manila Electric Co (MER.PS)

MER.PS on Philippine Stock Exchange

336.00PHP
23 Jan 2018
Change (% chg)

Php4.20 (+1.27%)
Prev Close
Php331.80
Open
Php331.80
Day's High
Php336.00
Day's Low
Php331.00
Volume
237,600
Avg. Vol
907,138
52-wk High
Php336.80
52-wk Low
Php254.00

Latest Key Developments (Source: Significant Developments)

Manila Electric Says First Vice President Helen T. De Guzman Will Be Retiring Effective Jan 31‍​
Wednesday, 17 Jan 2018 06:41pm EST 

Jan 18 (Reuters) - Manila Electric Co ::FIRST VICE PRESIDENT HELEN T. DE GUZMAN WILL BE RETIRING EFFECTIVE JAN 31‍​.  Full Article

Manila Electric Clarifies On Business Mirror (Internet Edition) Article
Wednesday, 10 Jan 2018 02:55am EST 

Jan 10 (Reuters) - Manila Electric Co ::CONFIRMS CEO STATEMENTS RELATING TO INVESTMENT IN WINDPOWER PROJECTS AS MENTIONED IN BUSINESS MIRROR (INTERNET EDITION) ARTICLE.  Full Article

Manila Electric Says Dexter C. Lee Resigns As Vice President
Sunday, 7 Jan 2018 07:59pm EST 

Jan 8 (Reuters) - Manila Electric Co ::DEXTER C. LEE RESIGNS AS VICE PRESIDENT OF CO ‍​.  Full Article

Manila Electric Co Entered Into Agreement with others
Monday, 18 Dec 2017 07:12pm EST 

Dec 19 (Reuters) - Manila Electric Co ::CO & REPUBLIC SURETY & INSURANCE CO, INCORPORATED (RSIC) & PIONEER INSURANCE & SURETY CORP (PIONEER) ENTERED INTO AGREEMENT.SUBSCRIPTION WILL RESULT IN PIONEER INSURANCE & SURETY CORP OWNING 51% & MERALCO, 49% OF REPUBLIC SURETY AND INSURANCE COMPANY, INC.RSIC SHALL ISSUE 2.9 MILLION SHARES OUT OF ITS UNISSUED CAPITAL STOCK TO MERALCO AND PIONEER.  Full Article

Manila Electric Confirms Statements In Philstar.Com Article "MGen Eyes 2 Wind Projects"
Sunday, 17 Dec 2017 10:42pm EST 

Dec 18 (Reuters) - Manila Electric Co ::CONFIRMS STATEMENTS IN PHILSTAR.COM ARTICLE "MGEN EYES 2 WIND PROJECTS" POSTED ON DEC. 18; CLARIFIES PROJECTS IN EXPLORATORY STAGES‍​.  Full Article

Manila Electric Says Fortunato C. Leynes Retires as Vice President
Friday, 8 Dec 2017 03:19am EST 

Dec 8 (Reuters) - Manila Electric Co ::FORTUNATO C. LEYNES, VICE PRESIDENT OF THE COMPANY, WILL BE RETIRING EFFECTIVE DECEMBER 31‍​.  Full Article

Manila Electric confirms article on philSTAR.com regarding CAPEX with clarification
Friday, 17 Nov 2017 02:25am EST 

Nov 17 (Reuters) - Manila Electric Co :Confirms article on philSTAR.com regarding 21 billion pesos CAPEX, and clarifies that said amount is subject to approval‍​.  Full Article

Manila Electric posts 9-Mnth consol reported net income of 15.93 ‍​bln pesos
Friday, 27 Oct 2017 02:34am EDT 

Oct 27 (Reuters) - Manila Electric Co :9-Mnth consol reported net income 15.93 ‍​ billion pesos versus 15.68 billion pesos.9-mnth electrcity revenue 208.8 billion pesos ,up 10 percent ‍​.Expect 2017 consol core net income to be a slight improvement over amount reported in 2016 ‍​.  Full Article

Manila Electric Q3 net income up 11 pct y/y
Friday, 27 Oct 2017 01:58am EDT 

Oct 27 (Reuters) - Manila Electric :Says Q3 net income 5.4 billion pesos versus 4.9 billion pesos.  Full Article

Manila Electric confirms statement in news article posted in Manilastandard.net
Wednesday, 27 Sep 2017 10:43pm EDT 

Sept 28 (Reuters) - Manila Electric Co ::Confirms statement in news article entitled "meralco sees sales volume rising 5 pct" , posted in Manilastandard.net.  Full Article

SE Asia Stocks-Thailand snaps 3 days of falls; Vietnam extends gains

By Ambar Warrick Nov 14 Thai shares rose nearly 1 percent on Tuesday, snapping three consecutive sessions of declines, while Vietnam stocks climbed for an eighth straight session to close at their highest in nearly a decade. Gains in Thailand were broad based with real estate and energy stocks leading the rise. Property developer Central Pattana PCL closed at a record high, while oil and gas heavyweight PTT Group Pcl ended higher even after reporting a drop in thir